From the Wires
BioCentric Energy Holdings, Inc. Production Update of Company's First Full-Size Algae Closed Loop Photobioreactor System in San Juan Capistrano, California
Jun. 19, 2009 03:45 PM
SAN JUAN CAPISTRANO, CA -- (Marketwire) -- 06/19/09 -- BioCentric Energy Holdings, Inc.
(PINKSHEETS: BEHL) provides an Update for Shareholders:
Dennis Fisher, CEO of BioCentric Energy Holdings, Inc., today announced
that the company decided to expand the construction size of the phase I
closed loop photobioreactor system. Management has opted to enlarge the
initial phase from 1000 to 1740 square feet. Grading and compaction have
been achieved and a wet run has been moved up on the schedule to the end of
next week.
Mr. Fisher commented about the changes today, stating, "Our team has been
working non-stop to deliver our planned solution that we have envisioned
for quite some time. I would personally like to thank Lowell Brittain for
his assistance in bringing our project ahead of schedule, and within budget
along with Dennis Shen for his tireless efforts to anticipate the variables
and plan accordingly. What we are doing is proving out our bench model and
providing a sterile managed environment in which to grow one strain in
maximum photosynthesis efficiency. For fewer than twenty dollars per
square yard...a first for our planet."
Mr. Fisher also stated, "We will be installing a web cam over our
Photobioreactor in the coming weeks so that interested parties can view our
Solution 24/7 on our website and validate for themselves via the net."
Biocentric launched their new website and YouTube channel earlier this
week at www.biocentricenergy.com and www.youtube.com/biocentricenergy both
of which include a revised 5 minute video version of what is algae and how
its use can help recycle existing waste products and regenerate useful
nutritional and energy products worldwide. The website features several
celebrity endorsements including Kelly Monaco and Chris Noth attributing
Biocentics efforts to "Go Green."
The website will be continually updated and will when completed include a
complete gallery of the construction of the company's first closed loop
photobioreactor system, additionally on the homepage interested parties
have the opportunity to register for the company's free newsletter
currently planned for monthly distribution.
Biocentric Energy Holdings is currently in negotiations with several
websites interested in showcasing our company as one of the up and coming
leaders in the "GREEN" related industry. We look forward to making
announcements as soon as next week.
About Biocentric Energy Holdings, Inc.
BioCentric Energy Holdings, Inc. is dedicated to the development of new
technologies as well as acquiring and fostering companies with innovative
technologies designed to provide unique and effective green energy
solutions for the 21st century. Along with the cultivation of important
relationships and partnerships with synergistic entities, BioCentric Energy
has devoted substantial time and effort in research and development in
order to bring a range of innovative green alternatives to the marketplace.
Safe Harbor Statement: Except for historical information contained herein,
the matters set forth above may be forward-looking statements that involve
certain risks and uncertainties that could cause actual results to differ
from those in the forward-looking statements. Words such as "anticipate,"
"believe," "estimate," "expect," "intend" and similar expressions, as they
relate to the Company or its management, identify forward-looking
statements. Such forward-looking statements are based on the current
beliefs of management, as well as assumptions made by and information
currently available to management. Actual results could differ materially
from those contemplated by the forward-looking statements as a result of
certain factors such as the level of business and consumer spending, the
amount of sales of the Company's products, the competitive environment
within the industry, the ability of the Company to continue to expand its
operations, the level of costs incurred in connection with the Company's
expansion efforts, economic conditions in the industry and the financial
strength of the Company's customers and suppliers. The Company does not
undertake any obligation to update such forward-looking statements.
Investors are also directed to consider all other risks and uncertainties.
Contact: BioCentric Investor Relations
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